The European system between Franciscan vocation and Lutheran capitalism
El sistema europeo entre la vocación franciscana y el capitalismo luterano
Catia Eliana Gentilucci ()
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Catia Eliana Gentilucci: University of Camerino.
Iberian Journal of the History of Economic Thought, 2020, vol. 7, issue 2, 123-131
Abstract:
This paper argues that: a) economic systems are an expression of their own cultures and histories and they cannot therefore be exported to places where the local culture does not support their implementation; b) the indiscriminate application of the German (Lutheran) model to all European countries (mainly to Mediterranean Catholic countries) has fostered economic growth in the EU at different speeds; c) Italy, the cradle of Catholic capitalism, is currently attempting to react against austerity measures –imposed by the economic constrictions of the German model– by focusing on the third sector and non-profit companies, which are an expression of Catholic capitalism originating in the Franciscan Third Order.
Keywords: Civil economy; Social Market Economy; Catholic capitalism; Franciscan model; Lutheran capitalism; sustainable growth.; Economía civil; Economía social de mercado; Capitalismo católico; Modelo franciscano; Capitalismo luterano; Crecimiento sostenible. (search for similar items in EconPapers)
JEL-codes: B52 I31 P1 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ucm:ijohet:v:7:y:2020:i:2:p:123-131
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Dpto. Historia e Instituciones Económicas I. Facultad de CC. Económicas y Empresariales, Universidad Complutense de Madrid. Campus de Somosaguas. E-28223 Pozuelo de Alarcón (Madrid)
DOI: 10.5209/ijhe.68895
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